Suge Knight Net Worth
Suge Knight net worth: Suge Knight is an American record executive, music producer and entrepreneur who has a net worth of $200 thousand.
Early Life: Suge Knight was born Marion Knight, Jr. on April 19, 1965 in Compton, California. His childhood nickname "Sugar Bear" gave rise to the future moniker "Suge". He is the son of Maxine and Marion Knight Sr. Suge attended Lynwood High School where he was a football and track star and graduated in 1983. He played football at El Camino College for two years, and in 1985 transferred to the University of Nevada, Las Vegas, where he played football for two more years.
Knight became a replacement player during the 1987 NFL Players Strike for the Los Angeles Rams. He played two games with them.
Early Career: After his time with the NFL, Knight began working as a concert promoter and bodyguard for various celebrities, including Bobby Brown. In 1989, Knight formed his own music publishing company and struck it big when Vanilla Ice agreed to sign over the royalties to him for his hit Ice Ice Baby. However, it came with controversy: Allegedly, Knight and his bodyguards confronted Vanilla Ice many times to harass him into signing over the song rights, even entering his hotel room and allegedly dangling him by his ankles off the balcony.
Next, Knight formed an artist management company and signed hip hop artists DJ Quik and The D.O.C. He met many members of the gangsta rap group N.W.A. this way.
Death Row Records: Suge is most famous for being the former CEO of Death Row Records, a company that was instrumental in bringing gangster rap to the mainstream in the 1990s. Suge and Death Row were early to sign artists such as Dr. Dre, Tupac Shakur, and Snoop Dogg. By the end of 1993, Dre's solo album, The Chronic, made it to Triple Platinum status in the U.S. It secured the career for Dre's protege, Snoop Dogg, who released a debut album in 1994 (Doggystyle) that went quadruple platinum in the U.S. that same year.
Knight had public feuds going with 2 Live Crew and Sean Combs ("Puff Daddy"). His feud with Combs progressed when Knight insulted him on air at the Source Awards in August 1995. Later that year, Suge Knight offered to post a $1.4 million dollar bail for Tupac Shakur but only if the rapper agreed to sign with Death Row. He agreed and released his 1996 double album All Eyez on Me and The Don Killuminati: The 7 Day Theory. In 1995, M.C. Hammer signed with Death Row. Hammer left the company shortly after.
Death Row Records began to fall apart after Mr. Knight was jailed on parole violations. Soon several of Death Row's most prominent artists began to leave the label, most notably Dr. Dre.
During its heyday, Death Row sold over 150 million albums around the world and generated an estimated $750 million in net revenues.
Murder of Tupac Shakur and Biggie Smalls: Suge Knight, though never charged for any involvement, has been the subject of multiple theories involving the murders of both Tupac Shakur and The Notorious B.I.G. Tupac Shakur was shot in a drive-by shooting on September 7, 1996. Suge Knight had been in the car with Tupac. At 11:15 p.m., a white Cadillac pulled up to Knight's right side and Shakur was shot four times. Knight was hit in the head by the fragmentation of the bullets. Knight was able to drive one mile from the site where they were pulled over by police and paramedics were alerted. They were taken to the University Medical Center of Southern Nevada where Shakur died six days later. While multiple theories have swirled on who killed Tupac, The LA Times indicated that the shooting of Tupac Skakur was carried out by a Compton gang.
Shakur's East Coast rival, Biggie Smalls, was murdered in a similar fashion on March 9, 1997. Speculation amongst former Death Row artists like Snoop Dog arose that Knight was involved in both murders, and that Biggie's death was a revenge killing. The most prominent theory is that he was killed by the Crips street gang, but his murder has never been solved. Snoop Dog's release Tha Doggfather contains open criticism of Knight for the murder of Shakur. In 2006, Snoop again verbally attacked Knight over the murder of Biggie Smalls.
Financial Issues: In 2002, the IRS announced that Suge owed $6.5 million in back taxes. In 2006 Suge filed for personal bankruptcy. At the time he claimed to have assets valued between zero dollars and $50,000. He also claimed to have debts totaling more than $100 million, although much of that was the result of a single $107 million judgement that was awarded to the former wife of his business partner. These debts forced Death Row to file for bankruptcy later that same year. In 2009, the assets of Death Row were sold at auction for $18 million. The winning bidder was a company called WIDEawake Entertainment Group. WIDEawake eventually was sold to a Canadian company called New Solutions Financial Corp. New Solutions Financial Corp filed for bankruptcy in 2012. Today Death Row's assets are owned by a company called Entertainment One.
Legal Issues: Over the two decades after Death Row, Suge has had several run ins with the law. He ended up serving four years in prison on parole violations between 1997 and 2001. He was sent to prison again in 2003 for violating parole.
Suge had many physical altercations between 2008 and 2009. He was arrested again in Las Vegas on February 8, 2012 on marijuana charges. In 2014, Knight was shot at a Video Music Awards party hosted by Chris Brown at a nightclub on the West Hollywood Sunset Strip. He was shot six times but was able to make it walk himself to a hospital. In October 2014, Knight and Katt Williams were arrested and charged with robbery in connection with the theft of a camera from a paparazzi photographer. In August 2017, Knight was indicted for threatening the life of F. Gary Gray, the director of Straight Outta Compton. Gray's portrayal of Suge Knight had been negative in the movie. Knight experienced blindness and blood clots in 2017, which kept him from attending his various court hearings.
Fatal Hit And Run Incident: On January 29, 2015, Suge Knight was allegedly involved in a fatal hit and run accident in Compton. The incident may have been related to a fight that took place at a movie set. Witnesses allegedly saw Suge back his truck over the victim then drive off. Suge then reportedly fled the scene and abandoned his car in a parking lot. On September 20, 2018 Suge pleaded no contest to voluntary manslaughter and could now serve up to 28 years in state prison. As of 2020, Knight is incarcerated in San Diego at the RJ Donovan Correctional Facility.
Personal Life: Knight married American R&B singer Michel'le in 1999 when he was in prison. He had previously helped her get clean by sending her to rehab. She filed for divorce 6 years later, then discovered their marriage was actually invalid because he was still technically married to an ex-wife. The two have a daughter, Bailei (b. 2002). In 2018, Suge's fiance Toi Lin Kelly was sentenced to three years in jail for assisting Knight in corresponding and communicating with the producers of a Death Row Records tell-all in 2015. During this time, a judge had previously barred Knight from all communication with anyone but his lawyer ahead of his murder trial.
|Net Worth:||$200 Thousand|
|Date of Birth:||Apr 19, 1965 (55 years old)|
|Height:||6 ft 2 in (1.88 m)|
|Nationality:||United States of America|